Spanish PM Mariano Rajoy’s conservatives have retained power in his home region of Galicia, but separatists made a strong showing in the Basque Country.
Six people were hospitalised and several arrested in yesterday after police fired rubber bullets at crowds demonstrating against severe new austerity measures.
Spanish banks are now discussing creating a private entity to assume control of their toxic assets though there would be no taxpayer involvement in such a creation.
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AT A HIGH-profile US Senate meeting, technology giant Apple was accused of using Ireland as a ‘tax haven’.
The multinational firm, which employs 4,000 people in Ireland, reportedly avoided paying €34 billion in US taxes by negotiating a tax rate of less than 2 per cent with the Irish government – significantly lower than that nation’s 12.5 per cent statutory rate.
The Senate heard that American children are losing out on education because Apple is transferring profits to Irish subsidiaries.
However, the Taoiseach Enda Kenny has denied that Ireland is a tax haven and rejected claims that authorities had negotiated deals with multi-national companies.
So, today we want to know, what do you think? Should Ireland be tougher on multi-national companies when it comes to tax?
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